What is the accounting entries for moratorium interest capitalisation
Is TDS applicable on Interest
Yes, It's due 1st -So TDS Applicable.
Post-normal -Interest Payable (Current Liability ) Entry.
Balamurali Unnithan MS
(STUDENT)
(1631 Points)
Replied 14 July 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 14 July 2021
Jatin
(Accountant)
(3479 Points)
Replied 14 July 2021
Balamurali Unnithan MS
(STUDENT)
(1631 Points)
Replied 14 July 2021
Credit the interest portion, debit the principal amount.
Jatin
(Accountant)
(3479 Points)
Replied 14 July 2021
Balamurali Unnithan MS
(STUDENT)
(1631 Points)
Replied 14 July 2021
What about the principal portion.
Jatin
(Accountant)
(3479 Points)
Replied 14 July 2021
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